558: Why you need case interview structures (Case Interview & Management Consulting classics)
Case Interview Preparation & Management Consulting | Strategy | Critical Thinking
00:00
How to Build a Profitability Framework
When you're dealing with margin, it's a price and cost area. It's not about volume. Volume has nothing to do with it. If you are going to generate so much volume that you get economies of scale,. therefore your volume leads to efficiencies. Your efficiencies lead to higher margins. The mistake most candidates make is they'll look at a case and say, hey, hold on a second. This is a profitability case. Or this is an operations case. And he said, okay, I never thought about that. But how can I ensure that when I build frameworks, I never make this mistake? He says: "You should always ask yourself what question are you answering
Transcript
Play full episode
